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. george w. bush signed in a phase-out of the estate tax. the top rate stays at 55%. the exemption level started rising from $1 million and going up. it was repealed completely in 2010 for one year. then it sprang back to life as part of the extension of the bush tax cuts that president obama signed into law. you have a debate -- very few members dispute that it needs to be continued. the debate is over whether you continue it at the current level. there is an exemption level, $10 million for a couple. or at the white house would prefer a 45% rate. that is the debate right now. there's a split among democrats. the white house wants a less generous estate tax. red-leaning states like max baucus. host: that was the headline recently in "the wall street journal," showing the senators. at its highest, what was the estate tax? how many people did the estate tax affect? guest: we are talking tens of thousands. right now it affects 3000 estates. the exemption level is set high historical novel. it has come down significantly. big argument from conservatives is it hits small businesses and farms
for the weekend coming up. >>> former president george h.w. bush is doing well enough to ramp up his physical therapy. the 41st president has been in methodist hospital in houston since the day after thanksgiving. he's suffering from a persistent cough stemming from bronchitis. it's not life-threatening. mr. bush is 88 now. no date has been set for his discharge. >>> president obama is warning republicans not to use the fiscal cliff to try to win concessions on raising the nation's borrowing limit. nbc's danielle lee is live on capitol hill this afternoon where a perfect storm over spending and borrowing and taxes is shaping up here at the end of the year. danielle? >> reporter: pat, that's a good way to describe it. both sides are digging in their heels, and with no move to avoid the fiscal cliff, or to raise the debt ceiling which is currently at $16.4 trillion, now there's new concern about what could happen to our credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limits. president obama called it a dangero
. you talked about presidents from obama to george w. bush, bill clinton, all objecting to settlement on that spot and getting his assurances from israel that it wouldn't be built on, so why now? tough talking? election coming up? what happened in the u.n.? what's the feeling there? >> well, certainly the israelis have made no secret of the fact that this is a direct punitive measure for what happened at the u.n. last thursday where, of course, the palestinians managed get an upgraded status there in the u.n. general assembly going to nonmember observer state. of course, the word state there is the operative one for the palestinians. the palestinians now say they do, in fact, have a state which is a taertory that is defined as the west bank, gaza, and east jerusalem. so, therefore, the palestinians are saying that this obviously would make the implementation of this state all but impossible because they say it would be impossible for them to even reach their capital that they want to have, which is, of course, east jerusalem. this is certainly a measure that's cause aing lot of intern
. in 2001, president george w. bush decided to spend a large portion of the surpluses he inherited from president clinton to cut tax rates. many democrats opposed him then because the tax cuts were unfair, favoring the highest-income americans. to overcome that obstacle, the republicans resorted to a parliamentary technique, budget reconciliation, a maneuver that allowed for passage of their tax cuts but forced them to expire after 2010, at the end of the ten-year budget window. so we scroll forward to 2010. as 2010 ended, president obama and many democrats in congress, including myself, wanted to extend the tax cuts for middle-class families but let rates on income above $200,000 for an individual and $250,000 for a family revert to the clinton era levels. our senate republican friends filibustered that effort, refusing to allow the middle-class tax cut without a tax cut for the highest incomes as well. their hostage strategy worked that time and the president and senate democrats reluctantly agreed to extend the tax cuts for two more years. so now the two years is up and these tax rat
the george w. bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with heaven, a good friend of mine. let me say -- kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability. that is deficit reduction and tax increases and spending cuts that allow the gdp ratio to stabilize by the end of the decade. these three things need to be done now. in terms of the fiscal cliff, if policy is unchanged and we go over the cliff and there is still no change after that, the gdp in 2013 will 3.5 percentage points. subtract that and that is a severe recession. cbo and others are probably us are animating how severe that will be -- are underestimating how severe that will be because confidence is very weak. it is unclear how the reserve
president, george h.w. bush is in stable condition this morning in a houston hospital. he was admitted a week ago and being treated for bronchitis. he's expected to be released in the next few days. he is 88 years old. >>> scientists report the mile thick ice sheets that cover greenland and antarctica are melting. we have lost tons of ice in the last 20 years raising the sea level by 7/16 inch. >>> thursday night football action. falcons in atlanta. they got off to a 17-0 lead before the saints scored a single point. atlanta defense had a good night. five interceptions. falcons go on to win it. they are now 11-1 on the year. atlanta could clench the nfc south if they lose to denver on sunday. >> all right. she's bruised, but not broken. coming up, inside lady liberty for a look at the damage left behind by sandy to see what needs to be done to get this american icon back up and running. dermatologist recommendedcer ] aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. make a wish! i wish we cou
support it? because george h.w. bush started this process and president george w. bush signed the treaty to participate in it. and because in the end, this treaty and our participation in it -- and this is the most important -- can improve the quality of life for people with disabilities. because to join it is to keep faith with the men and women who have suffered grievous disability in defense of our nation, and we owe them nothing less. this treaty is not about changing america. it's about america changing the world. but a vote here is a test of this institution. this vote is a test of whether the senate, which passed the civil rights act and the voting rights act and the americans with disabilities act, is still capable of voting to change things, let alone send a message that could change the world. i ask colleagues to do for the world what they've done for america -- walk down the aisle here and for millions everywhere who cannot walk make a stateme statement. raise your voice and vote for millions who are voiceless in their own lands. stand up for those who cannot stand up for them
with jerry ford. they became good friends. >> very. >> of course, george w.'s father, george sr. bush became good friends with bill clinton. he calls him his son practically. this does work occasionally. >> you can't imagine that happening, though, with romney and obama. >> we saw them in the debate. they don't like each other. >> they don't like each other. there seems to be a personal animosity toward each other. they don't seem to respect one another. >> why do people, this is not partisan, an observation, why does everybody who run against romney hate him? mccain picked sarah palin, he hated him so much, rather than him as running mate. >> it's a core. >> and lacking one. >> obama as his legal background likes to have a legal argument that fits together. romney's ideology doesn't do that. i think there's not that -- >> do they believe he's not a member of the club, doug, because he country have a political philosophy. people like to say they live or die on what they believe. that's why they're in pub leg life, not just to be celebrities but to carry out a motive. do they believe he lacks
of speech and women's rights. >>> a spokesman says former president george h.w. bush should be able to leave the hospital by the weekend. he has been hospitalized for complications from bronchitis. >>> last day of trading for november. what's moving the markets? good morning, kayla. >> the stocks are following the fiscal cliff and the market dove yesterday on comments from house speaker john boehner. data released yesterday showed economic growth in the u.s. is still weak. consumers and businesses alike are putting a hold on spending. natalie? >> thank you. >>> and a grade school in south lina has shed new light on how to take a class photo. they didn't just stick the short kids in front, call kids in the back. each child wore a specific color, formed an amazing image of a light house. all part of the annual cultural week at beach hill elementary. great job, kids. that's fantastic. >>> it is 7:19. back to savannah, willie, and al. makes my photos look terrible. >> way more organization than my elementary school. >>> who will be with david gregory? just wondering. >> people don't know, willie
like a cake. we have to take a break. update about former president george h.w. bush hospitalized in houston quote, president bush has been in and out of the methodist hospital in the texas medical center treated for complications relating to his bronchitis. he's in stable condition and is expected to released within the next 72 hours. >>> coming up, president obama may be meeting with governor romney today but also hosting other special and possibly much, much smarter guests at the white house. we'll reveal the vips next. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. to provide a better benefits package... o
now. just getting information about former president george h.w. bush. a source close to the bush family has confirmed he is hospitalized in houston suffering from cronkikro bronch. he has had a severe cough and been in and out of the hospital for the last couple of weeks. he's in the hospital now as an abundance of caution. we'll keep you posted. >>> today egyptian president morsi will explain why he had assumed near absolute powers. this move sparked days of nationwide riots. and a government study is saying that the prison at guantanamo bay could close and u.s. prisons could safely hold the inmates. 166 people are being held accused of plotting terror attacks against the u.s. now, supporters say the move will save millions of dollars. >>> troubled actress lindsay lohan spent the morning under arrest at a new york city police station. the nypd cuffed the 26-year-old after allegedly punching another woman at a new york city night club. no word yet on what prompted the alleged fight. >>> a sign of the season here at nbc. did you catch it? the rockefeller center christmas tree all
that humiliate various groups. >>> and former president george h.w. bush has been in a houston area hospital for six days. a spokesperson says he has been treated and cured of bronchitis. bush is 88 years old and he is the oldest living former president of the united states. >>> and an update now on the indian woman who went to an irish hospital for back pain and was told she was having a miscarriage. now, despite the circumstance, her husband praveen says doctors refused to abort the fetus because of ireland's strict abortion laws. she ended up dying of blood poisoning. now, praveen has decided to take the case to court because irish officials failed to adequately investigate. >>> and a bankruptcy judge has approved a bonus plan for hostess brands. the $1.75 million plan gives 19 executives bonuses ranging to $535,000. it has been 483 days since this country lost its top credit rating. what are we doing to get it back? from july through september, the economy grew by -- but it was in line with expectations. >>> tim geithner putting a deal on the table. we told you the details at the top of
and wednesday. that's the latest. back to you. >> thank you. >>> former president george h.w. bush is expected to be released from the hospital this weekend. the elder bush has about in and out of the hospital over the past week for bronchitis. he is 88. doctors say he is in stable condition. >>> another hospital update from the family of the king of pop. michael jackson's father is recovering from a mild stroke. joe jackson went to the hospital wednesday after he had problem standing and walking. the 84-year-old should be released from the hospital today. >>> one of the people holding a winning powerball ticket may be far away from where the ticket was sole. check out this surveillance video from a store in maryland. the man in the bright yellow outfit there checking his lottery numbers and he gets fired up. the clerk says it's the winning ticket that was sold way out west in arizona. the owner of the ticket from missouri will be revealed later today. >>> powerball tickets will start being sold in california on april 8 with the first drawing a couple of days later. the state lottery commissio
.n. vote on statehood. >>> former president george h.w. bush will likely leave the hospital this weekend. doctors say the 88-year-old quickly recovered from viral bronchitis and a secondary infection. >>> a bankruptcy court approved the liquidation of hostess brands. the company says more than 100 companies are interested in buying its famous brands which include twinkies. the court also approved nearly $2 million in executive payout bonuses. >>> michael jackson's father, joe jackson, is recovering from a mild stroke in las vegas. family, friends say the 83-year-old is back to normal, talking and making jokes. >>> one of new york's kindest is speaking out today. you may have seen this internet sensation, this picture of showing an nypd officer giving new socks and boots to a barefoot homeless man. on "today," the officer talked about his newfound celebrity. >> surreal and extremely humbling. it's a great experience. i think it's a lot about the people, though, because you see such great comments. people are saying that, you know, their faith in humanity is restored, and that's the bigges
cuts would take effect. >>> former president george h.w. bush is expected to be released from the hospital sometime this weekend. he has been fighting bronchitis since the day after thanksgiving. the 88-year-old is said to be doing well though. good news there. doctors say bush's age and other health conditions have complicated his recovery but he is going to be just fine. >>> well, one of the people holding a winning powerball ticket may be far away from where that ticket was sold. surveillance video from the store in maryland shows this man in a bright yellow outfit checking his lottery numbers and then showing off his ticket. the clerk says it was the winning ticket that was sold in arizona. meanwhile, the owner of the winning ticket from missouri will be revealed today but you can tell that guy is excited. showing off the ticket to his friends. >> i would run to my car and put it in a safety deposit box. >> no kidding. the next huge powerball jackpot could have a winner from california. powerball tickets will start selling in california april of 8 with the first drawing ap
in washington, d.c. next will be bill wichteman. burlington he was a special assistant to george w. bush -- formerly he was a special assistant. here was a policy adviser to bill frisk. he has a very deep experience in matters in both the house and senate which makes and somewhat unique. he has been at the top of the pyramid in both chambers. his time with former senate leader frisk is a help. he hashe has also worked in the santorum campaign. the fourth and final speaker will be brian darling, who is here at heritage afor the time being. he is a senior fellow at government studies. he mahler -- monitors political events and assess this impact on policy decisions on things in general. he is a prolific media presence in talk radio, cable tv, and he has columns in other publications. he is one of the most widely quoted analysts here at heritage. he served previously in the senate for senators martinez, and two other senators. we will start off with james and move on down. thank you. >> good afternoon. please bear with me. i am slowly getting my voice back. first, thank you to heritage, to
an announcement by monday morning. >>> and we continue to keep an eye on former president george h.w. bush this morning. he is in stable condition at houston methodist hospital. he was admitted eight days ago and being treated for bronchitis. the former president is expected to be released in the next few days. bush is 88, the oldest living former president. >>> when it was held in 1988, it was the first ever global health day. well, today marks the 26th world aids day. it's a day designed to support those with hiv and honor the 25 million who have died from the disease in the past three decades. and this year, world aids day continues its mission, getting to zero by 2015. >>> fried rice on capitol hill. we edged a little closer to that fiscal cliff and two very lucky americans are a whole lot rier. a look back now at the week that was. >> the fiscal cliff now just 34 days away. >> we only have a couple weeks to get something done. >> this is not a game. >> i'll sign this bill as soon as congress sends it me way. >> susan rice faces more backlash. >> i still have many questions that remain
was not familiar with the area. >>> former president george h.w. bush remains in stable condition at a houston hospital. the 88-year-old is being treated for a lingering cough-related bronchitis. the 41st president has been in and out of the hospital recently from complications resulting from bronchitis. >>> and still no word on who bought the second winning powerball ticket in arizona, although a lot of attention is being paid to this guy. he was in a maryland convenience store, he claimed to have the winning ticket and then he ran out. we haven't seen or heard from him since. >>> the united nations general assembly voted thursday to recognize palestine as a nonmember observer state. the news was received with celebration in the west bank, but, palestinians face a harsh reality. their borders are mostly controlled by israel. they have competing governments in the west bank and gaza. what's ahead for palestinians and israelis now? let's bring in nbc correspondent martin fletcher who has covered this region longer than any other journalist in the world. just after the u.n. vote, israel and jewi
george h.w. bush remains in stable condition at a houston hospital following complications from bronchitis. spokesman said the president's cough was lingering, but he is expected to be discharged soon. >>> limited internet service resumes in the syrian capitol following a two-day nationwideb. this as activists say syrian troops continue their bombardment of the capitol's eastern suburb, a focus of intense government offensive. >> rick: it's been a month since hurricane sandy slammed into the new york city area. now one group is trying to help some of the storm's youngest victims by providing them with a much needed escape. anna kooiman is live on staten island with the latest. >> hello to everybody. camp tlc, or together living with a challenge, is trying to let kids just be kids, even though their lives have been turned-up side down. they've just wrapped up their third week. they do it every saturday. today was carnival day. they're actually calling this special camp, camp sandy. a bus driver picked up about 30 kids and many of their parents from a shelter and brought them to t
george h.w. bush remains in stable condition in a houston hospital. he's been treated for bronchitis. he's been if the hospital for more than a week now. at 88, the world war ii veteran is the oldest living former president. >>> the supreme court could decide this week whether to take up the controversial issue of same-sex marriage. the nine justices met behind closed doors on friday but took no action. the high court could act tomorrow when it's scheduled to release orders, or the justices may choose to discuss the issue when they meet for another scheduled conference on friday. >>> we're now just one month away until the fiscal cliff deadline. and while the deal will actually be made in washington, politicians are taking their message on the road and straight to the voters. cnn political editor paul steinhouser has more. >> good morning. the presidential election may be fading into the rearview mirror, but it feels a lot like campaign season. >> i'm already missing the time that i spent on the campaign visiting towns like this and talking to folks like you. >> we love you. >> i love yo
losing season in 25 years. >>> this morning former president george h.w. bush remains in stable condition in a houston hospital. he is being treated for bronchitis and in a hospital now for more than a week. at 88 the world war ii veteran is the oldest living former president. >>> it is the latest chapter in the texas battle against polygamist sect leader warren jeffs. this past week the state attorney general's office announced it will try to seize jeffs' ranch where prosecutors say he and other leaders sexually abused children. joining us for today's faces of faith is a former member of jeffs' fundamentalist church and the woman who discovered that ranch's location. when jeffs initially told no one where it was. her name is flora jess up, the author of "church of lies." flora, good morning to you, and thank you for coming on the show here on this sunday. you escaped the sect when you were just 16 years old. how did you manage to do that? >> you know, back when i got out of the cult, it was very difficult. i was one of the first girls that ever made it out of the group and lived. they ha
h.w. bush is still in the hospital tonight. his aides say doctors had planned to release him over the weekend. now they are keeping the 88-year-old former president in treatment because of what they call a nagging cough that won't go away. doctors have been treating him for 10 days now due to complications from bronchitis. a spokesman says president bush remains in good spirits. president bush 41 spent part of the day yesterday watching the houston texans clinch a spot in the nhl playoffs titans in tennessee. desperate search for 11-year-old cancer patient. cops claim this video shows her mother literally pulling her out of the hospital with the equipment even the iv still attached. and the big problem is, there is a piece of equipment in her heart. the race to find young emily is next. plus, a new twist in the case of the millionaire at the center of a massive murder investigation. is he the guy who claimed that somebody poisoned his dogs. and now he says he is on the move again. the mac afee man as fox reports live tonight. h my goodn! oh my gosh, this looks amazing! [ male anno
to be this way. 1992 when bill clinton unseated george h.w. bush, these same counties, won 60% with the whole foods market. 40% with cracker barrel. so that was a 20-point gap. it's a 48-point gap now. >> there are some older votes, maybe the old fdr coalition that have shifted to the republican party. the democratic coalition of younger voters, hispanics, african-american, is just growing in size. >> if you had to pick a couple of counties that would epitomize that shift, you look at ohio and the white working class counties along the ohio river, coal country, belmont county, ohio, gave john kerry 52% of the vote in 2004. obama only won 44.7% this time around. if you had to look at a county that captures where democrats are doing better and better, it's probably in your home state, chuck, osceola, florida. outside of orlando, kissimmee, st. cloud, huge growing puerto rican population. consider that john kerry only won 47% of the vote there in 2004. guess where obama was this year? 61.7%. >> i challenge anybody to find another county with that dramatic of an uptick, that size of a county. spe
, the closest place to protect his life from persecution. >>> and george h.w. bush is still in the hospital tonight for treatment of a lingering cough and bronchitis. he was supposed to be released over the weekend, but a spokesman from methodist hospital in houston tells "outfront" that doctors are being extra cautious with his care, and are in hurry to send him home. also told us the former president had a good day yesterday and that his conditioning condition is improving. >>> and this just in a moment ago. mali government officials have agreed to end hostilities. this is according to a reuters report. the meeting between the officials and ansar dean and the mnla. those are the tourago rebels. as part of dialogue going forward, the parties agreed to reject any forms of terrorism and extremism and respect human rights. we'll see if that actually moves forward. >>> it has been 488 days since the u.s. lost its top credit rating. what are we doing to get it back? we're drilling for more oil at home. that could mean more jobs. today the energy information administration said american crude oi
, former president george h.w. bush what happened? >> thomas, i've been traveling the last couple of days and i've not seen all the details of what happened there, but obviously the republican party we're at a time of trying to reorganize we've had our heads handed to us a couple of times and national elections 2008 and 2012 and you know, there's some wounds, some sensitivities and right now i think the party's trying to navigate a day at a time, and the policy arena, in the policy arena a lot of those sensitivities come out and in a sense i think the party is trying to find its way now. >> john boehner has been getting pushback from mcconnell over tax cut issues. if tax cuts for the wealthy is the president's red line and doesn't appear to be willing to bend on that and just had an election where the american people used a federalized voice to send a mandate that they wanted the leadership president obama would commdemonstrate in second term because he ran on the issue, isn't it something speaker bainer can get through, get enough republicans to stomach this and avoid pushing everyone to
campaign between bill clinton and george h.w. bush and no one would have predicted that two two dedecades on they would pretty close friends working on projects together. sometimes it's still acrimonious between former competitors, but it this relationship could being akin to that clinton/bush relationship. >> so let's say he doesn't have any public role in the sense of in this administration. matt, what do you think, what does he do next? >> a lot of people are speculating sort of what he might did. it's hard to tell what mitt romney himself is thinking. right now he's enjoying kicking back. you saw photos of him pumping gas, not a generous photo by any stretch, but other photos of him riding roller coasters at disneyland. next who knows. but he is having an office and the office is in boston. so there have been speculation right after the election that he may sort of relocate for all intents and purposes to the west coast and to his house out there. so it does seem like he'll keep his ties in boston at least. >> good to see you gentlemen. thank you. >>> today's tweet of the day mixes po
. >>> george h.w. bush's doctor says he's getting better fast and could be released from the hospital this weekend. the 88-year-old was taken in with bronchitis and is recovering from a lingering cough. his doctor also says he's in great spirits. >>> hillary clinton says the government is still figuring out how to handle washington state and colorado legalizing marijuana. >> i respect those in the region who believe strongly that that would end the problem. i am not convinced of that, just speaking personally. i think when you've got ruthless, vicious people who have made money one way, if it's somehow blocked, they'll figure out another way. they'll do kidnapping. they'll do extortion. >>> not entirely surprising, a bunch of lawmakers are leaving congress to be lobbyist. heath schuler will work for duke energy, jason altmire will become part of florida blue, and geoff davis is forming his own public affairs firm. >>> and here is the must-see video of the day. yes, that's bo, the white house releasing these shots of the first dog checking out all the holiday decorations including a re
and lesbians have the constitutional right to marry. >> george w. borscht is in a stable condition. george h.-w. bush. -- of the 88 year-old former president is doing better. he could even be released this weekend. >> this new jersey train derailment causing this hazardous material to cause a 71 people to hospital. burning eyes, scratchy throat it happened on the bridge. not clear what went wrong. >> hostess, could be bankrupt but the company has plans to pay its top executives over $1 million in bonuses. we will tell you why, when kron 4 continues. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get a free wireless receiver with a qualifying u-verse plan. rethink po
of the things -- i mean come you covered george w. bush. i wrote for books on him. there was a lot of mystery about what bush felt -- yes, a gut player. as he said, his job was to put some calcium in the spine. but i think obama is a little bit more of an uncertain figure and quite frankly when he writes his own autobiography and his time as president and there is more excavation of all of this, we're going to discover that he's working it out as he plays the game. somebody with a little more experience under their belt might not be doing. >> some other comments you he made about president obama including but she just said executive subtext or little disappointed or underwhelmed. >> i wouldn't say disappointed. it goes to the question of what is our job in the news media. our job is to be, "politico" specializes in a 242nd, not in a hostile negative way, but you are asking and raising questions and that's the job. look, what's happened in the last many decades in the presidency, increasing concentration of power. there's the catastrophe in japan in the united states immediate need they want t
, you covered george w. bush, i wrote four books on him. there was not a lot of mystery about what bush felt -- >> a gut player. >> yes, yes, a gut player, and as he said, you know, his call see yum in the spine. obama is an uncertain figure, and, quite frankly, when he writes his own autobiography about his time as president, and there's more excavation of all of this, we're going to discover he's working it out as he plays the game, and somebody was a little more experience under their belt might not be doing that. >> some of the comments made about president obama, incoming with what you said, used to be a sub text, that you're disappointed over overwhelmed? >> not disappointed, but goes to the question of what's our job in the news media? our job is not to be cheerleaders. our job is to be, i mean, "politico" specializes in a 24/7 irritant, and not in a negative way, but you are asking and raising questions, and it is the job, and obama had -- look, what's the -- what's happened in the last many decades in the presidency? increasing concentration of power. there's the catastrophe in
dispensaries, more than in the entire eight years under george w. bush. so it is just insane and i'm really disappointed that the white house was willing to say the people of colorado and washington state have spoken, so be it. 1-866-55-press. if you want to get a comment in about pot as well, always welcome. on the my2k, peter what's happening on the social network? >> we'll start in the chat room. current.com/billpress. you can chat with fellow "full court pressers" there and share your my2k reasons. ph says good morning the annual $2k means to me is savings contribution to my i.r.a. i don't have a work pension from my job. taking care of my children, elderly parents and self-employment. >> bill: there it is. if we're lucky right we have a little extra money left over and that we can -- before we pay taxes, put it in an i.r.a. and let that build up and build interest. i've done that for the last 20, 25 years. and $2,000 in an i.r.a. every year really adds up. >> we're also on twitter at bpshow. lots of people
to extend the top two tax rates that were cut 12 years ago now under george w. bush or whether to let those rates go back up to levels their work during the clinton administration. this will be a point of negotiation but i didn't think we're at the point where it is being discussed seriously. host: is the ways and means committee involved in this issue? guest: next year if there is some agreement by the end of the year to do something about the tax code. the president and republicans say they want to reform the tax code. the chairman is close to john boehner and i think they are consulted with each other. the talks already high level between the staff of john boehner and the obama administration. host: could this issue to be treated separately? guest: no. i think it will be decided in some kind of package at the end of the year. it could be a small package but they need to make a decision. host: kenneth, good morning. caller: i don't think the american people will get anything unless we let things go over the fiscal cliff. republicans will never agree to anything. i think obama needs to sti
tolerate will. >> let me take you both back. george w. bush, john kerry. they talked on the phone about healing and they never talked again. and kerry served on the senate. i mean -- okay, but let's imagine. i'm just going to go with will and look upon this as glass half full. what if, roland -- what if mr. obama could find something for romney to do and romney agreed to do it? >> yeah. white house usher. there's a lot of jobs mitt romney could do for the president. look, first of all, if we're going to do this lunch don't do it at the white house. the president should have taken mitt romney to ben's chili bowl, get a half smoked and he could meet the 47%. i have no problems with it but i certainly think for mitt romney it's going to be one heck of a lunch, having to see the president sit there and smile at him and say you know i kicked your behind. you know i did, didn't you? i think there is a role for individuals who run for president of the united states in terms of still operating in the public space. because, again, we need all ideas on the table. so i'm sure the president, he's g
gates. >> 9:22 a.m. in coming up president george h. w. bush hospitalized today. we will tell you why and how he is doing. a live look at walnut creek traffic is nice and light. they are actually getting a break from the rain as we wait for the to roll in. we will be right back. former president at george h. w. bush is in the hospital in houston for treatment of a lingering costs. he is 88 years old now and being treated for bronchitis. he was admitted last friday and is expected to be released by the weekend. a spokesman for the president said the mls was not life-threatening but there had been concerns that it could have developed pneumonia. he is 88 years old. he's doing ok but it looks like he's in the hospital until this weekend. palestinians are waiting for the outcome of the vote today that could elevate their status in the united nations. this is video of people already celebrating. a yes vote would mean the palestinians are regarded as a non member observer state. that would implicitly recognize palestinian statehood. israel and the united states are against the you recogniti
president george h.w. bush is at methodist hospital in houston after being treated for bronchitis. that is according to a family spokesman, jim mcgrath. president bush, who is 88 years old, has been at the hospital for six days now. he has been cured of his bronchitis, but mcgrath says he is still in the hospital because of a lingering cough. we're going to bring you more details as we get them. to today's big meeting at the white house. we don't know what's on the menu when president obama, mitt romney meet for lunch today. that's right. the president is hosting his former rival about 30 minutes or so from now. it is a promise the president made during a victory speech on election night. listen. >> it's only because we love this country deeply. we care so strongly about its future. in the weeks ahead i also look forward to sitting down with governor romney to talk about where we can work together to move this country forward. >> mitt romney, he was stunned by his defeat, but gracious in his concession speech. it looked like everybody was ready to make nice until romney's remarks
of the deficits, really. look what happened under george w. bush. he inherited surpluses, turned it into deficits as far as the eye can see with huge tax cuts to the millionaires and billionaires, huge. the very tax cuts our friends are defending right now. he did two wars on a credit card and we wound up in a mess. so we have to come together with the best ideas that we have, and i know we can reach agreement, but let us do the first step which is to take care of 98% of the people. the republicans want to have tax breaks for 100% of the people. we're saying can you take 98%? if i stopped you on the street and said i'm willing to give you 98% of what you say you want and you walk away from me and you attack me and you say i'm not ready to do anything, i honestly think people would scratch their head. so i think it is clear, the senate passed a bill to renew the tax breaks for 98% of the people. we are saying up to $250,000 in income, you go right back to those bush tax cut rates. but over 250, you go to the clinton rates. pay a little bit more so we can attack this deficit, so we can make the inv
information on the health of former president george h.w. bush. he's rapidly improving in a houston hospital. the 88-year-old was admitted for bronchitis the kay after thanksgiving. doctors say his condition was never serious, but wanted to prevent it from becoming pneumonia. he could be released as early as this weekend. >>> our nation's world war ii veterans getting special recognition at the wisconsin premiere fort documentary "honor flight." hundreds showed up to hear their war stories and watch as the veterans set out on a journey to the world war ii memorial in washington d.c. >> i had to bring out my handkerchief three times of the whenever i see that world war ii memorial, the one with the flag raising, i got to cry. >> gretchen: wow. the documentary had its world premiere over the summer. it will now have encore showings december 5 through 7. >>> remember when we had on that woman from your town and she wrote the book for kids on veteran? >> brian: the teacher. >> gretchen: you know what my kids say what book t
i only do at halloween. >> stephanie: we remember being there for the george w. bush inauguration.. [ wah wah ] it should have been a sign of things to come. >> you made me stand out in the cold for your inauguration tickets. >> stephanie: i did? >> yes. >> stephanie: i suck. >> you were wearing open-toed shoes. >> stephanie: granted i was a diva but i didn't know how long you would have to wait. will you go get my tickets. >> and it was cold. >> stephanie: cutting to later that same day. chris lavoie's extremities oh, i hate that. the boner to the president. >> sound byte: it's time to tell the american people what spending cuts they're really willing to make. >> stephanie: oh hush up. senator schumer. >> sound byte: we're waiting for some specifics somewhere for our republicans colleagues to show us that they're serious on negotiations. >> that's specific for you. is this specific enough for you? >> stephanie: theyesterday. >> sound byte: the spending cut proposal must be a rhetorical question, because we have put very specific spending cut proposals. >> stephanie: eric cantor s
shock in the 1970s. martha: i did my part. president george h.w. bush is recovering in a houston hospital after being admitted with bronchitis earlier this week. the 41st president is 88 years old. the hospital says this was never a life-threatening situation. president bush's family says they are relieved and this is the quote from the spokesman. we're naturally very pleased this did not progress into home soon.nd look to get dr. marc siegel, member of our fox medical a-team of course and he joins me. good morning. melissa: hi, martha. martha: they're saying this is broke kites. he had this not too long ago, right? melissa: martha i spoke to the hospital this morning. said he is very stable. had this a few weeks ago in beginning of november. he went home. developed a cough. it came back. he developed bronchitis in the upper airways, not the bottom of the lungs. it has not progressed into pneumonia. they are the tubes that lead into the lungs but not the lungs themselves. we have them lined like a human vacuum cleaner. we sweep out the debris. if it becomes older harder to do tha
] the third speaker will be bill who is currently in the policy public practice, serving assistant to george w. bush in the white house, a policy adviser to bill frist, and chief of staff to joe pitts of pennsylvania. he has a very, very deep experience both in the house and senate, making him unique. he's made of top of the pyramid in both chambers, and he was particularly active at the time on the issues concerning senate rules and precedent. he's working on the sontorum campaign, "culture: upstream from politics," and other series. the fourth and final speaker is brian darling who is here at heritage for the time being before going to the senate to serve coup sill to senator rand paul. for now, here's here at heritage, monitors political events in the senate, the house, and the white house, and assesses their impact of the various policy decisions on things in general. he's a very prolific media presence, and talk radio, cable tv, and he's had columns and events in other publications. he's one of the most widely quoted analyst experts here at heritage. he graduated from boston, and he serve
assistant to george w. bush in the white house. he is a policy advisor and senate majority leader to bill crist and worked in the senate in pennsylvania. he has great experience in matters of the house and senate. he is very unique and at the top of the pure land and his time spent in grassroots efforts for senate rules and precedents. he has also worked with the rick santorum campaign. he has also published works in political theory. our poor speaker will be brian darling. he is from the heritage foundation for the time being. he is part of the senate counsel and for now he is senior fellow of government studies here at the heritage foundation. he monitors political event here at the senate, white house, and various policy decisions on things in general. he is very prolific. he has a wonderful media presence and cable, radio, and tv. he is literally one of the most widely quoted analysts at the heritage foundation. he is a graduate from boston university and he was previously in the senate for senator martinez and two other candidates. he has an extensive and deep background. so we will
with these george w. bush tax cuts over the past eight years, where are the jobs? if tax cuts create jobs, where are they at? that is one point. when speaker john boehner talks about obamacare costing so much, and government madison -- socialized medicine, that is what the congress gets. they are socialized medicine. if it is good for the congress and senate, but not the american people? ont: let's move on to gina the line for republicans. the last caller said he was to hear about the bush tax cuts and the jobs. what happened? caller: i do not know where the jobs are, but i can tell you if the tax cuts expire, my husband and i make under $100,000 a year in we will be hit with $4,000 in more taxes a year. what i wanted to say was, i agree with the last two previous callers. obama does not want to compromise. here is a fact for you. if he really wanted to compromise and he really wanted more taxes from the rich, he would talk about cutting out the loopholes. anybody who knows anything about taxes understands that is how the top rich get by with paying no taxes. he is trying to play both sides of t
under president george w. bush. hello to the two of you. i've got to ask you. is that a world aids day t-shirt you got going on? >> this is my favorite product red t-shirts. red's raised over $200 million for aids relief. and remember it's world aids day today. get out there and support everyone who's doing everything to end aids. >> i talked to michael elliott as well the ceo of one about the same thing. good on you. let's get to this, karen. the video follows what amounted to a campaign event yesterday for the fiscal cliff. the election's over. the president and democrats won. is this effort sort of a redundancy that maybe counterproductive? >> no. look, i think its something that a lot of us wanted to see the president do actually in the first term. you may remember there was some talk about this kind of outside end strategy. he did it when he introduced the jobs act. he did it on the payroll tax cut the last time. that is engage the american people in the process. let them know what's going on here in washington and let their voices be heard so that we're not just having meetings in
and republicans push this off. george w. bush also during his eight years in office didn't bring it. i agree with you. >> here's why we'll see immigration reform in 2013. >> doubtful. >> the achieve act essentially is by the way, the achieve act doesn't provide a path for citizenship. it's the dream act without the dream. >> it's a dud. >> two outgoing senators. >> that's valid. >> the stem act is proposed by lamar smith, notoriously anti-immigrant. when he's sponsoring an immigration reform bill, something has changed in the republican party. when two outgoing senators are proposing their version of immigration reform, something changed in the republican party. >> i think, again, until we look at the -- it's almost three-pronged. until we look at the enforcement issues, those issues, then we can do -- >> but the thing is you don't have to deal -- you can create path to citizenship in pieces, in stages without dealing with them. instead of saying we can't do anything until we do it all. >> my sister-in-law, she's south african, she came here ten years ago, it took her seven years to gain sta
the president was planning. joining us this morning, carlos gutierrez. former commerce secretary under george w. bush. also former director of hispanic outreach for the romney campaign. nice to see you, sir. thank you for talking with us. >> pleasure, soledad. >> this morning i was talking to senator blumenthal. he was sort of saying i'm optimistic, i'm hopeful. where do you see that? i don't know that i see optimism. >> no. i agree with you. i'm very disapoented. you know, the big picture is more than just the fiscal cliff. and a lot bigger than do we raise taxes on people who are there to make more than $250,000 a year. this is about the debt. it's about the fiscal deficit. it's about our economy. it's about our future. it's about our children. and president obama is playing a very risky game. because in the end, this is his presidency. and you're going to look back and have a bar chart of deficits and debt. and there's not going to be an asterisk that says it was the republicans' fault. i think we've got to stop playing poker, work together and understand we're working to save the country. >
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